Baker Hughes Company

Mr. Bosque brings more than 20 years of transportation engineering experience to new leadership role Michael Baker International, a global leader in engineering, planning and consulting services celebrating 80 Years of Making a Difference, announced today that Gil Bosque, P.E., has been promoted to Vice President and Office Executive for the firm's Hamilton, New Jersey location. Mr. Bosque brings more than 20 years of [...]

Baker Hughes Company announced results today for the third quarter of 2020. Three Months Ended Variance September 30, 2020 June 30, 2020 September 30, 2019 Sequential Year- over-year Orders $ 5,106 $ 4,888 $ 7,783 4% % Revenue 5,049 4,736 5,882 7% % Operating income 297 6% U Adjusted operating income 234 104 422 F % Net income attributable to Baker Hughes 57 13% U Adjusted net income attributable to Baker Hughes 27 114 F [...]

Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors for Qatar Petroleum’s North Field East project, executed by Qatargas. The total award is part of four LNG “mega trains,” representing 33 million tons per annum of additional capacity, which will increase Qatar’s total liquefied natural gas production capacity from 77 MTPA to 110 MTPA and help to propel the [...]

Mr. Bagha brings more than two decades of water resources engineering to new leadership role Michael Baker International, a global leader in engineering, planning and consulting services celebrating 80 Years of Making a Difference, announced today that Mohamed A. Bagha, P.E., PMP, CFM, has been promoted to Regional Practice Lead – Water. In his new role, Mr. Bagha will build upon his 15 years with Michael Baker and [...]

Baker Hughes will hold a webcast on Wednesday, October 21, 2020 to discuss the results for the third quarter ending September 30, 2020. The webcast is scheduled to begin at 9:00 a.m. Eastern Time . A press release announcing the results will be issued at 7:00 a.m. Eastern Time . To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on [...]

Baker Hughes announced today that the Baker Hughes international rig count for August 2020 was 747 up 4 from the 743 counted in July 2020, and down 391 from the 1,138 counted in August 2019. The international offshore rig count for August 2020 was 184, up 1 from the 183 counted in July 2020, and down 60 from the 244 counted in August 2019. The average U.S. rig count for August 2020 was 250, down 5 from the 255 counted in [...]

Baker Hughes announced today that the Baker Hughes international rig count for July 2020 was 743 down 38 from the 781 counted in June 2020, and down 419 from the 1,162 counted in July 2019. The international offshore rig count for July 2020 was 183, down 11 from the 194 counted in June 2020, and down 72 from the 255 counted in July 2019. The average U.S. rig count for July 2020 was 255, down 19 from the 274 counted in [...]

Baker Hughes announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on August 21, 2020 to holders of record on August 10, 2020. About Baker Hughes: Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our [...]

Baker Hughes Company announced results today for the second quarter of 2020. Three Months Ended Variance June 30, 2020 March 31, 2020 June 30, 2019 Sequential Year- over-year Orders $ 4,888 $ 5,532 $ 6,554 % % Revenue 4,736 5,425 5,994 % % Operating income 271 F U Adjusted operating income 104 240 361 % % Net loss attributable to Baker Hughes 98% U Adjusted net income attributable to Baker Hughes 70 104 U U EPS [...]

Baker Hughes announced today that the Baker Hughes international rig count for June 2020 was 781 down 24 from the 805 counted in May 2020, and down 357 from the 1,138 counted in June 2019. The international offshore rig count for June 2020 was 194, down 1 from the 195 counted in May 2020, and down 52 from the 246 counted in June 2019. The average U.S. rig count for June 2020 was 274, down 74 from the 348 counted in May [...]